Frequently Asked Questions and Answers

Commodities

Yes, you can place Commodities within your Self-Directed IRA and provide qualified account owners with access to markets and asset classes not traditionally traded, such as: energy markets (crude oil), interest rates (bonds), metals (gold and silver), agriculture (soybeans and corn), equities (E-mini S&P 500), and foreign currency (euro, yen, pound). Trading these products can help diversify a portfolio and give an investor certain advantages.

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Forex

Yes, a Self-Directed IRA can accept Forex and trade in the forex market. Diversify your assets with an IRA that accepts Forex, Commodities and Gold – Self-Directed IRAs. You will not be paying taxes on forex trading gains until retirement.

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Yes, you can create a self-directed IRA with either a Roth or a traditional IRA. There are custodians that allow you to create such IRAs and invest in many other assets not offered usually, such as forex.

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Basically, you’re able to day-trade tax-free and avoid paying taxes on forex trading gains until retirement distributions. Save even more with Roth IRA to maximize tax savings in a way fully approved by the IRS.

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LLC IRA

Yes, but partnerships with disqualified persons are only allowed at the time your IRA LLC is created. It can be a great way to raise additional capital for the purchases you want to make. The percentage of ownership in an LLC is determined by the capital contribution.

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Yes, it’s legal. The Internal Revenue Code doesn’t list the types of assets that you can invest in; it only states what you cannot invest in. The only two prohibited assets are life insurance and collectibles. Because an LLC is not a prohibited asset, it is a viable investment for your self-directed IRA.

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What are the advantages of using an LLC versus just having my self-directed IRA purchase an asset?

Some of the advantages of using an LLC in your self-directed IRA include:

• Control—you literally have a checkbook that is linked to a checking account that is set up in the name of your LLC under its own tax ID number. When you identify an investment that you want to purchase, you can just write a check. You don’t have to fill out paperwork, get approval from the administrator, or wait for someone else to fund the investment—you can take care of it yourself. This can be particularly helpful in investments that have a limited time period or are being auctioned.

• Cost—Checkbook control can help you avoid transaction fees and check-writing fees that are typically associated with a self-directed IRA. If you own multiple investments in your LLC, your administrator only charges you for one asset, the LLC.

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Rhodium

You can purchase 5 oz Rhodium bars from My Private Bullion. Minted by Baird & Co in the UK using fine .999 rhodium bullion.

Available for cash purchase and LLC IRA investment.

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Rhodium reached a 5-week high this week. We anticipate that once the price gets too high, auto-manufacturers and users of rhodium stop purchasing it, relying on their stock-piles instead, hence turning the market around due to high supply and low demand – sooner or later bringing the price down. Which in turn will open up new buying opportunities on a metal that’s expected to have a steady growth over the years, similar to what we’ve seen with palladium. For now, all we can do is wait and see.

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Rhodium, platinum and palladium come from same mining locations and are mixed together, and while both South Africa and Russia have palladium, only South Africa has the rhodium-rich mix that produces 80% of world’s rhodium.

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Self-Directed IRA

Yes, as long as you do not own majority of ownership of that company, it must be less than 50%.

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No. This would be a prohibited transaction under Internal Revenue Code Section 4975.

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IRAs are prohibited from investing in collectibles and life insurance, as well as S corporations (the latter are prohibited under S corporation laws).

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